Welcome to our dedicated page for Mr Cooper Group news (Ticker: COOP), a resource for investors and traders seeking the latest updates and insights on Mr Cooper Group stock.
Mr. Cooper Group Inc. (formerly Nasdaq: COOP) generated frequent news due to its role in U.S. mortgage servicing, originations and its corporate combination with Rocket Companies, Inc. Company communications describe Mr. Cooper as providing customer-centric servicing, origination and transaction-based services related principally to single-family residences throughout the United States, operating under the Mr. Cooper, Xome and Rushmore Servicing brands. It also described itself as the largest home loan servicer in the country focused on servicing and lending products, services and technologies.
News coverage for Mr. Cooper has included quarterly and annual financial results, where the company reported segment performance for its Servicing and Originations businesses, along with non-GAAP measures such as pretax operating income and operating ROTCE. These releases often detailed servicing portfolio unpaid principal balances, delinquency rates, mortgage servicing rights valuations and funded loan volumes, providing insight into the company’s mortgage servicing and origination activities.
A major stream of news has centered on the all-stock acquisition of Mr. Cooper by Rocket Companies. On March 31, 2025 Rocket announced a definitive agreement to acquire Mr. Cooper, and subsequent releases from both companies discussed the strategic rationale, expected synergies and the scale of the combined servicing portfolio. Additional news items covered the filing of the joint proxy and information statement/prospectus, the September 3, 2025 special meeting at which Mr. Cooper stockholders approved the merger agreement, and the October 1, 2025 completion of the mergers as reported in a Form 8-K.
Other notable news topics have included the declaration of a $2.00 per share cash dividend in September 2025, leadership transitions at Xome, and Nationstar Mortgage Holdings Inc.’s conditional notices of redemption for certain senior notes in connection with the merger. For readers reviewing this news feed, the articles collectively provide a historical record of Mr. Cooper’s financial performance, operational focus and its transition into a wholly owned subsidiary of Rocket. Investors and researchers can use this page to explore how the company’s servicing and originations platform evolved and how the Rocket transaction reshaped its corporate status.
Mr. Cooper Group Inc. (NASDAQ: COOP) announced that CEO Jay Bray and CFO Chris Marshall will speak at the Credit Suisse Virtual Financial Services Forum on February 25, 2021, at 12:10 PM ET. The event will feature a live webcast, with materials accessible in the investor section of Mr. Cooper's website. A replay of the discussion will be available until March 10, 2021. Mr. Cooper is a leading provider of servicing, origination, and transaction-based services for single-family homes across the U.S.
Mr. Cooper Group Inc. (NASDAQ: COOP) is set to discuss its financial results for Q4 2020 on February 23, 2021, at 10:00 A.M. ET. The call will be accessible via dial-in and a live webcast available on the company's website. Interested parties can use the toll-free number 855-874-2685 to join. Post-call, a recording will be available until March 10, 2021. Mr. Cooper provides extensive services related to residential mortgages and is recognized as one of the largest home loan servicers in the U.S., operating under brands like Mr. Cooper and Xome.
Mr. Cooper Group has resolved legacy regulatory matters with the Consumer Financial Protection Bureau and several state regulators related to loan servicing issues from 2010 to 2015. The company has agreed to a resolution payment of $28.6 million, which includes penalties and remediation costs. The organization has implemented governance and operational improvements and focused on strengthening internal controls. According to CEO Jay Bray, the company has also made significant investments in technology and customer advocacy to enhance compliance and customer experience, leading to record lows in customer complaints.
Mr. Cooper Group Inc. (NASDAQ: COOP) announced a pricing of $650 million in 5.125% Senior Notes due 2030 by its subsidiary Nationstar Mortgage Holdings Inc. The offering is set to close around December 4, 2020, and aims to redeem $750 million of outstanding 9.125% Senior Notes due 2026, yielding an annual interest expense reduction of approximately $35 million. The Notes are being offered under exemptions from the registration requirements of the Securities Act and are intended for qualified institutional buyers.
Mr. Cooper Group Inc. (NASDAQ: COOP) will share its financial results for the third quarter of 2020 on October 29, 2020, at 9:00 A.M. Eastern Time. Investors can access the press release and presentation on their website prior to the call. The dial-in numbers are 855-874-2685 (toll-free) and 720-634-2923 (international), with a passcode of 1498733. A replay will be available after the call until November 13, 2020. Mr. Cooper offers home loan servicing and technology solutions primarily under the Mr. Cooper and Xome brands, establishing itself as a leader in the industry.